7808 Division StSpokane, WA 99208

Property Details for 7808 Division St

Year built

1992

Construction

STEEL FRAME

Lot size

0.52 AC

Property size (Sq ft)

8,093 SF

Property type

Retail properties

Property subtype

Retail space

APN

36292.0013

APU

362920013

Description

This exceptional retail or restaurant space, located at 7808 N Division St, Spokane, WA 99208, offers 2,062 square feet in a desirable Class A strip center. Built in 1992 and renovated in 2015, the property boasts a total of 8,100 square feet across three suites within a single, one-story building. The available space is part of a multiple-tenancy building and is ideal for a variety of uses. The zoning is commercial, allowing for flexibility in business operations. The property's convenient location on North Division Street, near Lincoln Street, ensures high visibility and accessibility for customers. This space presents a fantastic opportunity for businesses seeking a well-maintained, modern space in a thriving Spokane commercial area. The minimum divisible space is 2,062 square feet, and the maximum contiguous space available is also 2,062 square feet. This former restaurant space is ready for immediate occupancy and offers a chance to establish a successful business in a prime location. The property's features and location make it an attractive option for businesses seeking a strong presence in the Spokane market. The building's excellent condition and recent renovations ensure a modern and functional space for tenants.

• CAP approach

  CAP return

  Valuation

  6%

  $1,946,371

  6.5%

  $1,796,650

  7%

  $1,668,318

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,348,282

  Geo Method

  $4,348,282

• Alternative Use

  Use

  Valuation

  Residential

  $1,515,542

  Hospitality

  $1,388,228

  Educational

  $1,154,990

  Medical

  $1,194,711

  Retail

  $1,796,650

Location Insight

City

Spokane

County

Spokane

State

Washington

Latitude

47.7291

Longitude

-117.411

CBSA code

44060

CBSA name

SPOKANE-SPOKANE VALLEY, WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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